Omaxe shares experienced a remarkable surge on Tuesday, January 13, 2026, climbing over 15% against the backdrop of weak trends in the broader Indian stock market. The rally was driven by the real estate development company's announcement of a substantial ₹500 crore investment plan for a new real estate project, as communicated through an exchange filing.

Stock Performance Details

The company's shares demonstrated strong momentum throughout the trading session, with significant price movements recorded across different time periods.

Investment Announcement Impact

The significant price appreciation was directly linked to Omaxe's strategic investment announcement. The company revealed plans to deploy ₹500 crore in a new real estate project, signaling its commitment to expansion and growth in the real estate sector. This announcement came through an official exchange filing, providing transparency to investors and market participants.

Market Context

Despite the broader Indian stock market experiencing weak trends on Tuesday, Omaxe managed to buck the negative sentiment and deliver substantial gains to shareholders. The stock's performance highlighted investor confidence in the company's strategic direction and the potential of the announced real estate project.

The early trading session saw the stock touch its intraday low of ₹72.85, but strong buying interest emerged following the investment announcement, propelling shares to reach the day's high of ₹87.00. By afternoon trading hours, the stock had stabilized at ₹82.80, maintaining significant gains from the previous day's closing price.

Omaxe has announced a major investment of ₹500 crores for the development of OMAXE Chowk, an ambitious mixed-use project in Ludhiana, Punjab. This significant investment marks the company's strategic expansion in one of Punjab's key commercial centers.

Project Overview

The OMAXE Chowk project will be developed as a comprehensive high-street destination spanning 5.25 acres. The development is designed to integrate multiple facility types to create a complete lifestyle and commercial hub.

Development Components

The mixed-use project will feature three primary components designed to serve diverse market segments:

• Retail facilities for shopping and commercial activities
• Residential units providing housing solutions
• Entertainment facilities for leisure and recreational activities

This integrated approach positions OMAXE Chowk as a comprehensive destination that combines living, shopping, and entertainment in a single location.

Timeline and Strategic Significance

With completion scheduled for June 2030, the project represents a long-term development commitment spanning approximately six years. The Ludhiana location strategically positions the project in Punjab's industrial and commercial hub, providing access to a significant consumer base and established infrastructure.

The ₹500 crore investment demonstrates Omaxe's confidence in the Ludhiana market and reflects the company's strategy of developing integrated mixed-use projects that cater to evolving urban lifestyle requirements.